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Bullboard - Stock Discussion Forum Metanor Resources MEAOD

Metanor Resources Inc is engaged in the production and sale of gold as well as acquisition, exploration, and development of mining properties. It projects include the Moroy Project and Barry project among others.

OTCPK:MEAOD - Post Discussion

Metanor Resources > Magic Day?
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Post by gatorone on Jul 14, 2016 2:27pm

Magic Day?

So far, haven't seen the "magic day" that some predicted MTO would have today. The stock is basically flat and has been for awhile. Either this stock is not going anywhere, or it's building a base for an upside move.
Comment by PMInvestor08 on Jul 14, 2016 2:42pm
This post has been removed in accordance with Community Policy
Comment by LiTeOn1981 on Jul 14, 2016 4:06pm
This post has been removed in accordance with Community Policy
Comment by gatorone on Jul 14, 2016 4:18pm
If the price of gold moves SIGNIFICANTLY higher, that would probably move MTO higher. Otherwise, Lite is correct - MTO management needs to produce gold at a profit with lower costs (which they keep saying they will do). Until we see that, this stock is flat. Don't misunderstand, I own shares and plan to hold them - but I don't expect much movement until MTO makes money.
Comment by pdcon1 on Jul 14, 2016 5:00pm
mto will move up when the loosers quit selling at 8 cents , plain and simple , and they must start showing a profit . MTO is on track  and it will  take a little time .
Comment by mrmarket1 on Jul 15, 2016 7:12am
I doubt those selling at 8 cents are losers --some say  they probably have 5 cent warrants
Comment by pdcon1 on Jul 15, 2016 8:17am
they are still re   Tards  they could of sold for 12 cents  but set up presidence for 8 cents . 
Comment by mrmarket1 on Jul 15, 2016 8:34am
re tards ? sounds like  they are the ones making the money -- both ways 
Comment by pdcon1 on Jul 15, 2016 9:41am
they could of made a double or a tripple more if they held  back for 12 cents . They cant be that st  upid  so they have other reasons that could be illegal  keeping price down for a cheap takeover or cheap pp.
Comment by Highwired7 on Jul 15, 2016 10:16am
Too many red flags, too many dissapointments, too many shares, too many games being played, too many months with no price movement, too many PR deceptions and omissions, too much obfuscation, too much incompetence, too many if's, too high of AISC (rediculous really), mill is too far away from any profitable gold for anyone to want and on and on, that is why I sold, just thought I would check ...more  
Comment by pdcon1 on Jul 15, 2016 10:31am
you say good luck to all  how can you say mill is to far away to be profitable mto should just take your advice and call off  the pea and save some money . Do you think all in costs from barry will be 1700 dollars per oz canadian , i am guessing under 500 dollars per oz of gold . Time to do the math  100 tons at 2 grams per ton per trip should bring in 200 grams equates to 6.25 oz ...more  
Comment by mstettler on Jul 15, 2016 2:41pm
Conspiracy! There was a 50% dilution of the share float.  That is a massive overhang.  And MTO is not performing as well as it's peer group operationally.  Hence, the share price is reflecting that.  It really is that simple. While you hold out for your double or triple on MTO it's already happened with just about every other precious metal share out there. You could ...more  
Comment by u2bob on Jul 15, 2016 3:34pm
Ever wonder why the price has not dropped to 7 cents... or go to 9 cents ... wash rinse and repeat ...maybe you will find out by the end of summer...have a great weekend Bob
Comment by mstettler on Jul 15, 2016 6:21pm
But it has? It traded down to both .07 and up to .09 end of June, beginning of July.  For a couple of weeks it has had a solid bid at .075.  I don't see anything unusual on the chart. Have a great weekend also.
Comment by Miner81 on Jul 15, 2016 11:54am
The term is low life scum.
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